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Ch. 9 Homework Saved Help Save & Exit Submit Check my work 4. Ayden's Toys, Inc., Just purchased a $492,000 machine to produce toy cars.
Ch. 9 Homework Saved Help Save & Exit Submit Check my work 4. Ayden's Toys, Inc., Just purchased a $492,000 machine to produce toy cars. The machine will be fully depreciated by the straight-line method over its six-year economic life. Each toy sells for $27. The variable cost per toy is $12, and the firm Incurs fixed costs of $284,000 each year. The corporate tax rate for the company is 35 percent. The appropriate discount rate is 11 percent. What is the financial break-even point for the project? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 12.5 points Skipped Break-even point units eBook Print References
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